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BitGo wins New York trust charter 04 March 2021
Source: NYDFS Superintendent of Financial Services Linda A. Lacewell announced today that the New York State Department of Financial Services (DFS) has granted a charter under New York Banking Law to BitGo New York Trust Company LLC (Bitgo NY) to operate as a limited liability trust company. With DFS approval, BitGo NY is authorized to provide digital asset custody and other related services to New York customers, including DFS supervised entities authorized to engage in virtual currency activity.
New York State Department Of Financial Services Superintendent Lacewell Announces Grant Of Dfs Trust Charter To Bitgo To Engage In New Yorkâs Growing Virtual Currency Market Date
04/03/2021
Superintendent of Financial Services Linda A. Lacewell announced today that the New York State Department of Financial Services (DFS) has granted a charter under New York Banking Law to BitGo New York Trust Company LLC (Bitgo NY) to operate as a limited liability trust company. With DFS approval, BitGo NY is authorized to provide digital asset custody and other related services to New York customers, including DFS supervised entities authorized to engage in virtual currency activity.